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Pinnacle Centre

12 Yonge St, Downtown

Features

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Price/Sqft Range

321 sqft - 1761 sqft

Avg Price/Sqft

$975 / sq. ft.

Completed

Built: 2007

Building Scale

Floors: 29 | Total Units: 297

Building Details

Building Type

High-Rise condo

Property Management

Built in 2007

Condo Corp

TSCC-1834

Date Registered

Feb 13, 2007

Maintenance Fees Include

Air Conditioning

Common Element

Heat

Hydro

Building Insurance

Water

Description

1 - About Pinnacle Centre
  • Address: 12 Yonge St, Toronto
  • Neighbourhood: Waterfront Communities C1, Downtown, Toronto
  • Storeys: 29
  • Units: 297
  • Built Year: 2007
  • Builder: Pinnacle International
  • Building Type: High-rise condo
  • Suite Sizes: 321 sqft - 1761 sqft
  • Average Price: $975 / sq. ft.

2 - Overview of Pinnacle Centre

Pinnacle Centre stands as the second phase of an ambitious four-tower master-planned development. This 29-storey residential tower was completed in 2007 on 3.8 acres of reclaimed railway lands, marking a significant milestone in the transformation of Toronto's industrial waterfront into a vibrant residential community.

The architectural design, crafted by Page + Steele and IBI Group Architects, features a striking panelled glass exterior that has become synonymous with the early wave of waterfront revitalization. The building's strategic placement within the master-planned complex reflects careful urban planning principles, designed to facilitate the seamless transition from industrial heritage to modern residential living.

This development represents part of a deliberate densification strategy, creating a structured residential hub that maximizes the potential of former industrial lands while maintaining connectivity to Toronto's core.

3 - Suite Sizes & Value

The building offers a comprehensive range of living spaces, from efficient 321-square-foot studios to expansive 1,761-square-foot multi-bedroom layouts. Most units feature nine-foot ceilings and private balconies that capture either sweeping Lake Ontario vistas or dynamic city skyline views.

With an Average Price: $975 / sq. ft., Pinnacle Centre maintains competitive positioning within the waterfront market. This valuation reflects the building's proximity to major transit infrastructure and employment centres throughout downtown Toronto.

The diverse suite mix accommodates various lifestyle needs, from young professionals seeking compact urban living to families requiring more substantial space. The floor plans prioritize functional layouts that maximize usable square footage within each unit's footprint.

4 - Building Amenities & Features

  • The Pinnacle Club: A spectacular 30,000-square-foot, multi-level amenities centre serving as the building's recreational centrepiece
  • Fitness & Athletics: Comprehensive wellness facilities including indoor swimming pool, tennis court, mini-golf course, and fully equipped fitness centre
  • Social & Leisure: Thoughtfully designed spaces featuring a rooftop deck with panoramic views, media room, and party room for entertaining
  • Resident Services: Professional 24-hour concierge service, convenient guest suites for visitors, and secure indoor parking
  • On-site Retail: Ground-level dining conveniences including Kokoro Japanese Restaurant and Mr. Pizza

5 - Location Highlights

  • Transit Connectivity: Direct access to the PATH underground network connecting seamlessly to Union Station, with comprehensive links to TTC subway and streetcar lines, GO Transit regional services, and UP Express airport connection
  • Proximity to Landmarks: Prime walking distance to iconic destinations including St. Lawrence Market, Maple Leaf Square, and the full spectrum of downtown entertainment venues
  • Infrastructure: Strategically positioned at the intersection of Yonge Street and Harbour Street, with the Gardiner Expressway providing northern boundary access to the Greater Toronto Area
  • Waterfront Access: Immediate proximity to the Harbourfront district, offering extensive lakeside recreation, waterfront promenades, and seasonal cultural programming

6 - Lifestyle Near Pinnacle Centre

The neighbourhood draws a sophisticated demographic of professionals and young families, with particularly strong representation from business management, architecture, and engineering sectors. The median age of 32 reflects an energetic community that values urban convenience and waterfront lifestyle.

Market data reveals remarkable residential stability, with average unit ownership extending nearly six years before resale. This extended tenure indicates a satisfied resident base and suggests strong community bonds within the building and broader neighbourhood.

The location offers exceptional work-life balance, dramatically reducing commute times to Toronto's financial core while providing immediate access to recreational waterfront amenities. Residents enjoy the unique advantage of downtown employment proximity paired with lakeside leisure opportunities.

7 - About the Developer

Pinnacle International brings Vancouver-based expertise in high-rise and waterfront development to the Toronto market. The company has established a strong reputation through large-scale Toronto projects, including the transformative multi-tower Pinnacle One Yonge community and the comprehensive re-cladding of the historic Toronto Star Building.

Their development philosophy emphasizes master-planned communities that integrate residential density with thoughtful urban design, creating sustainable neighbourhoods that enhance both individual lifestyle and broader city development goals.


Waterfront Communities C1 Insights

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Generated based on property type and location. Average values are derived using median calculations.